Tariff valuation update revises customs tariff values for specified imported commodities, affecting assessment under the Customs Act. The Central Board substitutes TABLE-1, TABLE-2 and TABLE-3 of the principal notification with revised valuation tables, updating specified tariff values in US dollars for listed tariff items (including edible oils, brass scrap, poppy seeds, gold and silver where certain notification benefits apply, and areca nuts) and thereby amending the schedule used for customs import valuation and assessment.
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Tariff valuation update revises customs tariff values for specified imported commodities, affecting assessment under the Customs Act.
The Central Board substitutes TABLE-1, TABLE-2 and TABLE-3 of the principal notification with revised valuation tables, updating specified tariff values in US dollars for listed tariff items (including edible oils, brass scrap, poppy seeds, gold and silver where certain notification benefits apply, and areca nuts) and thereby amending the schedule used for customs import valuation and assessment.
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